It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

The RGV altogether has experienced A LOT of growth since space X also since the implementation of the new football program at UTRGV. 

So that means the owner of the property, the LLC is likely uninsured altogether.

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

This way you can avoid PMI altogether and that savings is money that will contribute to your bottom line. 

That is a different thing altogether.

If you keep rolling one 1031 exchange into another until your time on Earth is up, you will not only have deferred taxes on your gains each time, but you will have accomplished the seemingly impossible: avoiding taxes altogether.

You will want to get the tenant on a new lease agreement when you have substantial updates to the lease agreement or a new lease altogether.

I’d look at properties that have been sitting a while that may offer seller concessions to help with the rate or look at a different market altogether. 

As a different example altogether, when I rehab a property, I deposit the budgeted money into a separate bank account and all expenses for that rehab are paid out of that account.